Maven Securities LTD Lowers Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Maven Securities LTD trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 80.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,153 shares of the exchange traded fund’s stock after selling 113,943 shares during the period. Maven Securities LTD’s holdings in VanEck Gold Miners ETF were worth $921,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC boosted its position in shares of VanEck Gold Miners ETF by 1,116.3% during the 4th quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock worth $72,707,000 after purchasing an additional 1,967,832 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth $64,425,000. Strategic Financial Concepts LLC raised its stake in shares of VanEck Gold Miners ETF by 3,704.8% during the 4th quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock worth $61,691,000 after buying an additional 1,771,440 shares during the last quarter. Schroder Investment Management Group raised its stake in shares of VanEck Gold Miners ETF by 298.3% during the 4th quarter. Schroder Investment Management Group now owns 1,793,072 shares of the exchange traded fund’s stock worth $60,552,000 after buying an additional 1,342,885 shares during the last quarter. Finally, Panview Capital Ltd acquired a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth $28,427,000.

VanEck Gold Miners ETF Stock Down 0.2%

NYSEARCA:GDX opened at $46.54 on Wednesday. The company has a market capitalization of $14.10 billion, a PE ratio of 19.65 and a beta of 0.57. VanEck Gold Miners ETF has a 52-week low of $32.84 and a 52-week high of $53.25. The stock has a fifty day simple moving average of $46.50 and a 200-day simple moving average of $40.97.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.